Sansheng Holdings (Group) Co. Ltd. announce that on 6 August 2019 (after trading hours of the Stock Exchange), the company entered into the Master Agreement with Fujian BE, pursuant to which the Company agreed to engage Fujian BE and/or its subsidiaries to provide the Group the Services for a term from 6 August 2019 to 31 December 2021 (both days inclusive). Pursuant to the Master Agreement, the Company agreed to engage Fujian BE and/or its subsidiaries to provide the Group the supporting services in showrooms, including customer services, sales activities assistance, visiting arrangement, catering services, security and order maintenance, cleaning services and equipment maintenance. Pursuant to the Master Agreement, for each particular showroom required by the Group during the term as set out in the paragraph below, the parties shall enter into a specific contract, which shall set out the detailed service fee and the payment terms. Detailed terms and conditions for engaging Fujian BE and/or its subsidiaries shall be governed by the specific contract to be entered into between the Group and Fujian BE and/or its subsidiaries pursuant to the Master Agreement.